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Luminar (NASDAQ:LAZR) announced on Wednesday that it is launching its Sentinel full-stack software suite, following five years of breakthrough developments in software and AI systems.
Sentinel was noted to differ from full-stack autonomous software solutions from other companies that develop software for driverless robotaxis.
The company said the Sentinel solution enables automakers to accelerate the development of advanced safety and autonomous functionality on vehicles. The new software suite was highlighted to include proactive safety, perception, 3D mapping and localization, simulation, and dynamic LiDAR features. Luminar (LAZR) said the first shipments occurred during the week, and are planned to be delivered to top automakers in the third quarter of this year.
“Luminar’s development has focused from the beginning on giving automakers the toolkit of capabilities outlined above to implement next-generation safety and autonomous capabilities for consumer production vehicles. With the launch, Sentinel is targeted to be assessed by and integrated into automaker software development efforts.”
Shares of Luminar Technologies (LAZ) moved 2.75% higher in premarket trading.